Greenlight Capital Re (GLRE) Interest Coverage Ratio (2010 - 2026)
Greenlight Capital Re (GLRE) posted quarterly Interest Coverage Ratio of 9.63 for Q1 2026, up 67.12% year-over-year from 5.76 in Q1 2025, and down 75.95% quarter-over-quarter from 5.47 in Q4 2025.
Greenlight Capital Re (GLRE) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Greenlight Capital Re (GLRE) has reported Interest Coverage Ratio for 17 consecutive years, with 9.63 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 67.12% year-over-year to 9.63; the TTM figure through Mar 2026 stood at 9.73 (up 70.56% YoY), while the FY2025 annual figure was 18.6, up 33.74% from the prior year.
- Interest Coverage Ratio eased to 9.63 in Q1 2026 per GLRE's latest filing, from 5.47 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 5.47 in Q4 2025 and bottomed at 852.92 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 85.73 across 5 years, with a median of 29.28 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 384.58% — and 2023, when it surged 94.98%.
- Greenlight Capital Re's Interest Coverage Ratio stood at 852.92 in 2022, then jumped by 94.98% to 42.79 in 2023, then plunged by 74.47% to 74.65 in 2024, then soared by 92.67% to 5.47 in 2025, then slumped by 75.95% to 9.63 in 2026.
- Business Quant data shows GLRE's Interest Coverage Ratio at 9.63 in Q1 2026, 5.47 in Q4 2025, and 13.54 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 0.23 |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 0.70 |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 13.61 |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | -21.71 |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 1.41 |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | -24.84 |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | -0.06 |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | 1.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -24.84 |
| Mar 31, 2026 | -9.63 |
| Dec 31, 2025 | -5.47 |
| Sep 30, 2025 | -13.54 |
| Jun 30, 2025 | -20.91 |
| Mar 31, 2025 | -29.28 |
| Dec 31, 2024 | -74.65 |
| Sep 30, 2024 | -21.94 |
| Jun 30, 2024 | -19.89 |
| Mar 31, 2024 | -25.50 |
| Dec 31, 2023 | -42.79 |
| Sep 30, 2023 | -15.47 |
| Jun 30, 2023 | -57.23 |
| Mar 31, 2023 | -57.53 |
| Dec 31, 2022 | -852.92 |
| Sep 30, 2022 | -36.08 |
| Jun 30, 2022 | -119.47 |
| Mar 31, 2022 | -55.13 |
| Dec 31, 2021 | -176.01 |
| Sep 30, 2021 | -142.17 |